$1,795,000
Scottsdale, AZ 85251
MLS# 6666402
1 / 68
Property Description
Four on 66th Street a fully remolded 4 plex in the heart of Scottsdale. Two one bedroom 2 bedroom 2 bath units, one 1 bedroom with den and 1 one bedroom 1 bath. All units share a large court yard perfect for an Airbnb rental or vacation rental. Property is fully occupied to a master tenant. Current tenant is paying also water sewer and trash and landscaping. Building has new paint stained concert floors updated kitchens and bathrooms. Washer and dryers added to all units. All facts and figures are approximate buyer verify MLS information.
Details
Maps
Contract Info
Current Price: $1,795,000
List Price: $1,795,000
Status: Active
List Date: 2024-02-20
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 3219
Compass: N
Street Name: 66TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 6733
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 11 IMPERIAL MANOR MCR 007530
Subdivision: IMPERIAL MANOR
Assessor's Map #: 47
Assessor's Parcel #: 15
Add'l Parcels: No
Assessor Number: 130-47-015
Legal: LOT 11 IMPERIAL MANOR MCR 007530
Census Tract: 217501
Tax Municipality: Scottsdale
Taxes: 1820
Tax Year: 2023
Marketing Name: Four on 66th Street
General Property Description
Lot Size Dimensions: 72X112
Year Built: 1968
Total # of Units: 4
# of Buildings: 1
Zoning: R5
Flood Zone: No
Elementary School: Tavan Elementary School
High School: Arcadia High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Osborn and 66th Street
Directions: West on Osborn to 66th Street, Left or south 66th Street to 4plex on left.
Geo Lat: 33.485304
Geo Lon: -111.938266
Status Change Info
Status Change Date: 2024-02-20
Legal Info
Township: 2N
Range: 4E
Section: 27
Lot Number: 11
Income & Expenses
Annual Ins Exp: 1800
Annual Maint Exp: 3000
Annual Mgmt Exp: 4800
Owner Association: No
Operating Exp: 11420
Gross Annual Sch Inc: 103440
Vacancy Allowance: 0.05
Adjusted Gross Inc: 98268
Totl Mnth Rntal Inc: 9600
Net Operating Income: 86848
Pmt & Rate Info
Cap Rate: 4.84
Down Payment %: 25
Monthly Payments: 360
Equity: 1795000
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 2200
Avg SqFt: 526
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2400
Avg SqFt: 915
# Baths: 2
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Comp Shingle; Tile; Foam
Floors: Concrete
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Cable TV Available
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave
Heating: Window/Wall Unit(s)
Cooling: Ceiling Fan(s); Electric; Window/Wall Unit; Central A/C
Water: None
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Street Parking; Assigned; Free
Roads/Streets: Sidewalk(s); Alley
Owner Pays: Water; Trash Collection; Cable TV; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional; Seller May Carry; Wraparound; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Grace CRE
Last Updated: February - 29 - 2024
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